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7 mistakes that could slash your retirement income and how to avoid them

7 mistakes that could slash your retirement income and how to avoid them

We highlight common mistakes we see time and again at retirement and their easy-to-implement fixes. This is not personal advice but includes:

  • Strategies to combat inflation – so you won’t feel the pinch later on
  • The ten minute trick to boost your retirement income for life
  • Why health conditions could mean you’re entitled to a higher retirement income
  • How to avoid over-paying tax

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The information on our website is not personal advice but we can offer advice if specifically requested. What you do with your pension is an important decision, which could be irreversible. Make sure you understand your options and check they are suitable for your circumstances: take appropriate advice or guidance if you are unsure. The Government's free Pension Wise service can help. It provides impartial guidance face-to-face, online or by phone - more on Pension Wise.

This guide is not personal advice, if you are unsure of the suitability of an investment for your circumstances seek advice. The value of investments and income can fall as well as rise so you could get back less than you invest.

Simple ways to dodge common pitfalls

We highlight common mistakes we see time and again at retirement and their easy-to-implement fixes including:

  • Strategies to combat inflation – so you won’t feel the pinch later on
  • The ten minute trick to boost your retirement income for life
  • Why health conditions could mean you’re entitled to a higher retirement income
  • How to avoid over-paying tax

Plus – how to contact a team of retirement experts who can answer your questions and talk you through your options.

This guide is not personal advice, if you are unsure of the suitability of an investment for your circumstances seek advice. The value of investments and income can fall as well as rise so you could get back less than you invest.

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